APPROVED CHAPTER
APRIL 16, 2024 631
BY GOVERNOR PUBLIC LAW
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FOUR
_____
S.P. 729 - L.D. 1804
An Act to Improve the Reporting Process for Certain Tax Expenditure
Programs
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 30-A MRSA §5250-P, sub-§1, ¶C, as enacted by PL 2017, c. 440, §5, is
amended to read:
C. On or before June 1st annually, beginning in 2019 and through 2024, and on or
before March 1st annually thereafter, the commissioner shall report to the joint
standing committees of the Legislature having jurisdiction over taxation matters and
economic development matters information on qualified Pine Tree Development Zone
businesses, including, but not limited to:
(1) The names name, municipality in this State in which the business's primary
place of business is located and business type, including the parent company of the
business, if applicable, of each qualified Pine Tree Development Zone businesses
business for the report year;
(2) The estimated or total aggregate amount of Pine Tree Development Zone
benefits received by qualified Pine Tree Development Zone businesses in the
report year; and
(3) Aggregate information for each of the most recent 3 report years on:
(a) Employment levels for all Maine employees and for qualified Pine Tree
Development Zone employees and associated salary and wages for both groups
of employees;
(b) Average annual salary and wages and access to health insurance and
retirement benefits for all Maine employees and for qualified Pine Tree
Development Zone employees; and
(c) Amount of investment associated with the qualified Pine Tree
Development Zone business locations or directly related to the qualified
business activities.
Page 1 - 131LR0898(03)
 Sec. 2. 36 MRSA §5219-AAA, sub-§10, ¶A, as enacted by PL 2023, c. 412, Pt.
J, §13, is amended to read:
A. The name, municipality in this State in which the business's primary place of
business is located and business type, including the parent company, if applicable, of
the qualified business;
Sec. 3. 36 MRSA §6764 is enacted to read:
§6764. Annual report
On or before March 1st annually, beginning in 2025, the commissioner shall report to
the joint standing committees of the Legislature having jurisdiction over taxation matters
and economic development matters information including the:
1. Applicant information. Name, municipality in this State in which the business's
primary place of business is located and business type, including the parent company, if
applicable, of each applicant approved for the employment tax increment financing
development program;
2. Reimbursement. Aggregate amounts of reimbursements claimed;
3. Number of jobs. Numbers of jobs created as a consequence of the employment tax
increment financing development program; and
4. Amount of wages. Aggregate amounts of wages paid for jobs created as a
consequence of the employment tax increment financing development program.
Page 2 - 131LR0898(03)


Statutes affected:
Bill Text LD 1804, SP 729: 30-A.5250, 36.693, 36.6854
Bill Text ACTPUB , Chapter 631: 30-A.5250, 36.5219